42 Ernest Ave Worcester — Photo 1 of 42
Recent Drop: $55,000
$490,000
Investment Analysis — 42 Ernest Ave
Worcester, MA 01604
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 4-bedroom in 01604 carries an estimated $3,090/mo in gross rent — about a 4.52% cap rate and $22,147/yr in estimated NOI at the $490,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
2,769
Style
Single Family
Built
1935
PRICE DROP! Open House this Saturday and Sunday 9/26-9/27, 1-3PM at 42 Ernest Avenue in Worcester. Oversized 1935 Cape with 4 bedrooms, 3 baths, and nearly 2,800 square feet. Private master suite, mostly finished basement, big deck, and parking for 5+ cars. Major systems updated before 2019. See you there!
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,769 sq ft principal dwelling). Lot size: 7,000 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Medical Facility
Geography
Property History
$490,000
Was $521,500
Sep 24, 2026
MLS® 73520709
$521,500
Was $533,500
Aug 2, 2026
MLS® 73520709
$533,500
Was $538,750
Jul 14, 2026
MLS® 73520709
$538,750
Was $545,000
Jul 11, 2026
MLS® 73520709
$545,000
May 18, 2026
MLS® 73520709
$225,000
Jun 9, 2010
MLS® 71004952
$225,000
Nov 25, 2009
MLS® 71004952
Listing Agent: Vu Huynh
Listing Office: George Russell Realty, LLC
MLS® Number: 73520709